• About
  • Advertise
  • Contact
Saturday, May 17, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Business

Dangote, Sinoma Sign Agreement On 6Mta Cement Plant In Itori, Ogun State 

Vital News by Vital News
February 2, 2023
in Business
0
Dangote, Sinoma Sign Agreement On 6Mta Cement Plant In Itori, Ogun State 
Share on FacebookShare on Twitter

 
Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun State. The agreement was signed by the Chairman of Dangote Cement Plc, Aliko Dangote alongside the Group Executive Director, Strategy, Capital Projects & Portfolio Development, DIL, Devakumar Edwin, while China Sinoma Engineering was represented by its Group President, Yin Zhisong, and the company’s Chairman, Liu Renyue. 

Dangote speaking at the signing ceremony, said that new integrated cement plant at completion will strengthen the local production capacity of Dangote Cement, bringing its local capacity to 41.25 million tons per annum and total African capacity to 57.6 million tons per annum. He said the Itori Cement Plant will also increase Nigeria’s capacity to export cement, thereby enabling more diversification and foreign exchange inflows for the economy.  

DSC5560: Chairman, Sinoma International Engineering (Nanjing) Co. Ltd., Liu Renyue; President/CE, Dangote Industries Limited, Aliko Dangote; Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin; and Group Managing Director, Dangote Industries Limited, Olakunle Alake at the Signing ceremony of 2×6000 TPD Cement Project, Itori Cement Plc, Ogun State on Saturday, January 21, 2023 in Lagos.

According to Dangote, the project is further expected to develop the domestic economy through creation of thousands of indirect and direct jobs and drive economic development in the Itori axis. Ancillary businesses, he stated will be drawn to the axis, who will be seeking to take advantage of the location of the cement plant to provide goods and services to staff, contractors and other stakeholders.  

He added that constructing the new cement plant is in line with Dangote Group’s vision of producing locally goods that were formally imported despite the abundance of raw materials for local production of such goods. 

He described Sinoma as a strategic partner who has been instrumental to the success of key projects in Dangote Group. He said, “We are comfortable working with your company. You have handled some of our key projects and I am positive that this project will be completed as scheduled. 

RelatedStories

$50million Beverages Company To Berth In Ogun

Dangote, BOI Float N5bln Fund To Grow MSMEs In Nigeria

Lagos Attracts Over N1 trillion Investment In One Year – Official

Gov Sule Seeks Dangote’s Investment In Nasarawa Solid Mineral Sector

Group President of China Sinoma Engineering, Yin Zhisong, expressed satisfaction with the commitment and determination of the Dangote Group in building cement plants across Africa. He said: “It is an honour for us to build another cement plant for Dangote Group. We are proud and happy to be on this journey with the company again. 
 
When operational, the plant is expected to have two Lines x 6,000 TPD Clinker Production with an installed daily total capacity of 12,000 TPD of Clinker production. It is expected to be completed within 27 months with best-in-class equipment in the cement industry, sourced from Europe’s major equipment suppliers. 
The plant will have its own captive power plant to generate electric power for use by cement kilns and other production processes. 

Itori Cement Plant will be Dangote Cement’s fourth cement plant constructed as a green field project in Nigeria, the rest are Obajana, Ibese and Okpella Plants. 
 
Dangote Cement is Africa’s leading cement producer with 51.6Mta production capacity across Africa with Nigeria accounting for 35.25Mta.   

Obajana plant in Kogi state, Nigeria, is the largest in Africa with 16.25Mta of capacity across five lines; Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12Mta; Gboko plant in Benue state has 4Mta; and  Okpella plant in Edo state has 3Mta.  

Tags: cementDangotesignsinoma
Previous Post

Borno Grants Scholarships To 19 Orphaned-youths To Study Medicine In Egypt

Next Post

693, 224 Passengers Travel on Lagos/Ibadan Train Service In Two Years

Vital News

Vital News

RelatedStories

$50million Beverages Company To Berth In Ogun
Business

$50million Beverages Company To Berth In Ogun

May 14, 2025
Dangote, BOI Float N5bln Fund To Grow MSMEs In Nigeria
Business

Dangote, BOI Float N5bln Fund To Grow MSMEs In Nigeria

May 13, 2025
Business

Lagos Attracts Over N1 trillion Investment In One Year – Official

May 13, 2025
Gov Sule Seeks Dangote’s Investment In Nasarawa Solid Mineral Sector
Business

Gov Sule Seeks Dangote’s Investment In Nasarawa Solid Mineral Sector

May 12, 2025
NASCON Records100% Growth In Dividend Payout, Attributes Higher Profitability To Massive Expansion Drive
Business

NASCON Records100% Growth In Dividend Payout, Attributes Higher Profitability To Massive Expansion Drive

May 8, 2025
Next Post
693, 224 Passengers Travel on Lagos/Ibadan Train Service In Two Years

693, 224 Passengers Travel on Lagos/Ibadan Train Service In Two Years

IMF Raises Nigeria’s 2023 Economic Growth Projection From 3.0pct To 3.2pct

IMF Raises Nigeria’s 2023 Economic Growth Projection From 3.0pct To 3.2pct

APC Reconciling To Ensure Total Victory In Benue – Chairman

Intrigues Of Cash, Fuel Crises Won’t Stop My Victory - Tinubu

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

ActionAid urges government to provide insurance for smallholder farmers

3 years ago
How Governor Rotimi Akeredolu Died Of Prostate Cancer In A German Hospital – Ondo State Govt.

Governor Abiodun Mourns Akeredolu, Says His Death Painful, Tragic

1 year ago

Ogun Moves To Rehabilitate Sango-Ijoko-Alagbole Road

3 years ago
Oro Worshippers Attack On Muslims In Ile-Ife, An Affront On Human Rights – MUSWEN

Oro Worshippers Attack On Muslims In Ile-Ife, An Affront On Human Rights – MUSWEN

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death dies drugs Economy EFCC Election elections FG Fraud gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

PHOTO NEWS : President Tinubu Receives Alafin Oyo, Oba Owoade

We Are Fully In Control And Working Diligently To End Banditry – CDS Musa

Tinubu’s Nigeria First Policy, Unique, Revolutionary -TMSG

Kogi Poly Rector Commends Prof. Oloyede For Courage, Uncommon Decision To Accept Responsibility For 2025 UTME Results Glitches

FAAC Disburses N1.681trillion April Revenue To FG, States, LGs

President Tinubu Receives Letter of Credence From New Russian Ambassador to Nigeria

Trending

Kogi, Malaria Consortium Scale Up Efforts To Combat Malaria, Organise Training On Implementation Of SMC
Health

Kogi, Malaria Consortium Scale Up Efforts To Combat Malaria, Organise Training On Implementation Of SMC

by Vital News
May 17, 2025
0

By Dorothy Onoja The Kogi State Government, in collaboration with the Malaria Consortium, has commenced inaugurated a...

Hajj 2025 : CBN Approves Cash-based BTA For Pilgrims To Ease Travel Demands

Hajj 2025 : NAHCON Transports 20,515 Nigerian Pilgrims To Saudi Arabia In One Week

May 17, 2025
Ododo, Minister, Other Stakeholders Laud Kogi’s Groundbreaking Annual Media Repor

Kogi Shops For N100billion To Revive Greater Lokoja Waterworks

May 17, 2025
PHOTO NEWS : President Tinubu Receives Alafin Oyo, Oba Owoade

PHOTO NEWS : President Tinubu Receives Alafin Oyo, Oba Owoade

May 16, 2025
We Are Fully In Control And Working Diligently To End Banditry – CDS Musa

We Are Fully In Control And Working Diligently To End Banditry – CDS Musa

May 16, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kogi, Malaria Consortium Scale Up Efforts To Combat Malaria, Organise Training On Implementation Of SMC May 17, 2025
  • Hajj 2025 : NAHCON Transports 20,515 Nigerian Pilgrims To Saudi Arabia In One Week May 17, 2025
  • Kogi Shops For N100billion To Revive Greater Lokoja Waterworks May 17, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In